A Property Investment Certificate (PINC) is a financial tool or instrument that represents an individual's or entity's ownership in real estate investments, allowing for diversified exposure to property markets.
A Real Estate Mortgage Investment Conduit (REMIC) is a special purpose vehicle (SPV) designed to pool mortgage loans and issue mortgage-backed securities (MBS).
A Vulture Fund is a type of limited partnership that invests in distressed properties, often real estate, with the intent of profiting when prices rebound.
A wraparound mortgage is a loan arrangement where an existing mortgage is retained, and a new, larger loan is provided. The new lender remits payments on the existing loan and usually experiences a higher yield due to the difference in interest rates between the old and new loans.
